NewHold Investment Corp. II (NASDAQ:NHICW) Sees Large Drop in Short Interest

NewHold Investment Corp. II (NASDAQ:NHICWGet Free Report) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 1,997 shares, a drop of 39.8% from the June 30th total of 3,319 shares. Based on an average daily trading volume, of 8,738 shares, the days-to-cover ratio is currently 0.2 days.

NewHold Investment Corp. II Price Performance

NHICW remained flat at $1.95 during trading on Friday. NewHold Investment Corp. II has a one year low of $0.20 and a one year high of $2.94. The company has a fifty day moving average of $2.06 and a two-hundred day moving average of $1.03.

About NewHold Investment Corp. II

(Get Free Report)

NewHold Investment Corp. II is a blank check company. It intends to complete a business combination with an industrial technology business. The company was incorporated in 2021 and is based in Houston, Texas.

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